inflation december - Search News

Inflation heated up

Inflation heated up in December, as prices continue to weigh on Americans

Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.

Fox Business on MSN · 5h

Energy and food prices drove inflation in December

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.

The New York Times · 5h

Inflation Sped Up in December, a Fresh Challenge for the Fed

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

inflation, Wall Street

Reuters on MSN · 2h

Wall St surges as inflation data, bank earnings fuel rally

U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and solid earnings from major U.

LA Times on MSN · 3h

Wall Street rips higher on inflation data and strong bank profits

U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.

CNN on MSN · 5h

Wall Street soars on record bank profits and cooling inflation

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

10h

US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...

11hon MSN

Inflation Ticked Up To 2.9% In December As Expected—Highest Since July

Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...

CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

4hon MSN

Inflation inches up in final 2024 reading

Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

7hon MSN

Here's the inflation breakdown for December 2024 — in one chart

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

17h

UK inflation unexpectedly dips to 2.5% in December

UK inflation unexpectedly dipped in December for the first time in three months as hotel prices fell and tobacco costs eased.

1don MSN

Gold Rises Ahead of U.S. Inflation Data

Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on ...

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